NEW DELHI: India, the world’s biggest buyer of US almonds, raised import duties on the commodity by 20 per cent, a government order said, joining the European Union and China in retaliating against President Donald Trump’s tariff hikes on steel and aluminium.

New Delhi, incensed by Washington’s refusal to exempt it from the new tariffs, also imposed a 120pc duty on the import of walnuts in the strongest action yet against the United States.

The move to increase tariffs from Aug 4 will also cover a slew of other farm, steel and iron products.

It came a day after the European Union said it would begin charging 25pc import duties on a range of US products on Friday, in response to the new US tariffs.

India is by far the largest buyer of US almonds, purchasing over half of all US almond shipments in 2017. A kilogram of shelled almonds will attract duty of as much as 120 rupees ($1.76) instead of the current 100 rupees, the Commerce Ministry said.

Published in Dawn, June 22nd, 2018

Opinion

Editorial

Missing links
Updated 27 Apr, 2024

Missing links

As the past decades have shown, the country has not been made more secure by ‘disappearing’ people suspected of wrongdoing.
Freedom to report?
27 Apr, 2024

Freedom to report?

AN accountability court has barred former prime minister Imran Khan and his wife from criticising the establishment...
After Bismah
27 Apr, 2024

After Bismah

BISMAH Maroof’s contribution to Pakistan cricket extends beyond the field. The 32-year old, Pakistan’s...
Business concerns
Updated 26 Apr, 2024

Business concerns

There is no doubt that these issues are impeding a positive business clime, which is required to boost private investment and economic growth.
Musical chairs
26 Apr, 2024

Musical chairs

THE petitioners are quite helpless. Yet again, they are being expected to wait while the bench supposed to hear...
Global arms race
26 Apr, 2024

Global arms race

THE figure is staggering. According to the annual report of Sweden-based think tank Stockholm International Peace...